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Showing results for "Skydance"

Paramount Closes In on $110 Billion Warner Bros. Discovery Takeover
BUSINESS
Paramount Closes In on $110 Billion Warner Bros. Discovery Takeover
Paramount and Skydance advance a massive $110 billion merger with WBD as the Writers Guild of America calls for federal intervention to block the deal.
· 1 min read
Paramount President Jeff Shell Under Investigation for Alleged Corporate Leaks
BUSINESS
Paramount President Jeff Shell Under Investigation for Alleged Corporate Leaks
An internal probe is underway after claims surfaced that Jeff Shell shared confidential merger details with Las Vegas gambler R.J. Cipriani.
· 1 min read
LA County Supervisors Eye Warner Bros. Discovery-Paramount Skydance Deal
BUSINESS
LA County Supervisors Eye Warner Bros. Discovery-Paramount Skydance Deal
Supervisor Lindsey P. Horvath calls for economic study and DOJ comments on the proposed $110-111 billion merger, citing job loss and competition worries.
· 1 min read
Gerry Cardinale: $111B WarnerMount Merger Won’t Mean Mass Layoffs
BUSINESS
Gerry Cardinale: $111B WarnerMount Merger Won’t Mean Mass Layoffs
The RedBird Capital founder tells Puck and 'The Town' that $6 billion in cuts will help reach a massive $18 billion EBITDA goal without gutting the workforce.
· 2 min read
Regulators Sound Alarm on $111 Billion Paramount-Warner Bros. Discovery Merger
BUSINESS
Regulators Sound Alarm on $111 Billion Paramount-Warner Bros. Discovery Merger
The Department of Justice and California's Attorney General Rob Bonta are actively scrutinizing the proposed acquisition, citing concerns over market consolidation, consumer impact, and potential job
· 2 min read
Streaming Shake-Up! Paramount CEO Confirms HBO Max and Paramount+ Merger
BUSINESS
Streaming Shake-Up! Paramount CEO Confirms HBO Max and Paramount+ Merger
Paramount Skydance's $110 billion acquisition of Warner Bros. Discovery paves the way for a new streaming giant aiming for over 200 million global subscribers.
· 1 min read
"Organic Growth is Our North Star": Netflix Swaps Warner Bros. Bid for $20B Content Spend
BUSINESS
"Organic Growth is Our North Star": Netflix Swaps Warner Bros. Bid for $20B Content Spend
The streaming giant walks away from a Warner Bros. Discovery acquisition, opting for a massive 2026 content budget and a $2.8 billion breakup fee.
· 2 min read
Fitch Downgrades Paramount Global to 'Junk' Status Following Warner Bros. Discovery Deal
BUSINESS
Fitch Downgrades Paramount Global to 'Junk' Status Following Warner Bros. Discovery Deal
The credit rating agency cites concerns over the combined entity's projected $79 billion net debt after Paramount Global's $110 billion acquisition agreement with Warner Bros. Discovery.
· 2 min read
John Oliver Meets His New 'Business Daddy' in $110 Billion Paramount-WBD Merger
BUSINESS
John Oliver Meets His New 'Business Daddy' in $110 Billion Paramount-WBD Merger
The comedian roasted the blockbuster deal on "Last Week Tonight" after Paramount Skydance officially entered an agreement to acquire Warner Bros. Discovery.
· 2 min read
Paramount Skydance Clinches $110 Billion Deal to Acquire Warner Bros. Discovery
BUSINESS
Paramount Skydance Clinches $110 Billion Deal to Acquire Warner Bros. Discovery
The all-cash merger ends a high-stakes bidding war with Netflix, uniting franchises like Harry Potter, the DC Universe, and Mission: Impossible under David Ellison.
· 2 min read
Veteran CBS News Producer Mary Walsh Exits, Citing 'Politicized Newsroom Shift'
TV
Veteran CBS News Producer Mary Walsh Exits, Citing 'Politicized Newsroom Shift'
After 46 years, Mary Walsh departs CBS News, alleging pressure to tailor reporting to a specific political viewpoint amidst a wider network transformation and other producer exits.
· 2 min read
Netflix Waves Goodbye to Warner Bros. Discovery Bid, Paramount Skydance Now Frontrunner
FILM
Netflix Waves Goodbye to Warner Bros. Discovery Bid, Paramount Skydance Now Frontrunner
Streaming giant declines to sweeten its offer for WBD, clearing the path for Paramount Skydance's $110.9 billion all-cash proposal.
· 2 min read
Paramount+ Hits 79 Million Subscribers, Revenue Jumps 17% in Q4 2025
TV
Paramount+ Hits 79 Million Subscribers, Revenue Jumps 17% in Q4 2025
Paramount Skydance Corporation announced strong streaming performance for the fourth quarter of 2025, with its flagship service showing significant growth amidst a competitive market.
· 1 min read
Hollywood Showdown: Paramount Sweetens Offer for Warner Bros. Discovery
FILM
Hollywood Showdown: Paramount Sweetens Offer for Warner Bros. Discovery
Paramount Global has reportedly raised its all-cash offer to acquire Warner Bros. Discovery, prompting the WBD board to re-evaluate its existing merger agreement with Netflix.
· 2 min read
Paramount Skydance Ups WBD Bid, Puts Netflix Deal on High Alert
TV
Paramount Skydance Ups WBD Bid, Puts Netflix Deal on High Alert
Warner Bros. Discovery's board is now weighing a revised $31 per share all-cash offer from Paramount Skydance, acknowledging it could be a “superior proposal” to its existing Netflix merger agreement.
· 2 min read
Bidding War Heats Up: Paramount Skydance Sweetens Offer for Warner Bros. Discovery
FILM
Bidding War Heats Up: Paramount Skydance Sweetens Offer for Warner Bros. Discovery
Warner Bros. Discovery is reviewing a revised $31 per share acquisition bid from Paramount Skydance, potentially creating a fresh challenge to its existing agreement with Netflix.
· 2 min read